Vantis plc: Stanford International Bank Ltd - in Liquidation Update
June 02 2010 - 8:48AM
Business Wire
The Joint Liquidators of Stanford International Bank Ltd - in
Liquidation (SIB), Nigel Hamilton-Smith and Peter Wastell of Vantis
Business Recovery Services, wish to provide an update in relation
to SIB. A copy of the full text of the announcement in relation to
the Co-Operation agreement between Antiguan Liquidators and US
Receiver in relation to the assets of SIB – in liquidation and the
lifting of Antiguan land asset restrictions by the Government of
Antigua & Barbuda can be found on
www.vantisplc.com/stanford
Further communications will be issued when practicable. In the
meantime, the Joint Liquidators continue to deal with investors via
the SIB Online Claims Management System and, to date, several
thousand have accessed the service. The Joint Liquidators shall
continue to verify and confirm claims.
Information relating to SIB can be found by visiting
www.vantisplc.com/stanford. For further information, depositors and
creditors are invited to email stanfordenquiries@vantisplc.com.
The Receivers of Stanford Trust Company Limited (STC) can also
confirm that they are now taking steps to agree the claims of the
clients of STC with SIB. It is anticipated the clients of STC will
be able to obtain login credentials for the SIB Online Claims
Management System by the end of June and further correspondence
will be issued at that time.
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